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Doddington, Wooler

North East

£105,000
Listed on 31/03/2023

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled in the quaint village of Doddington, merely 3 miles east of Wooler, this building plot presents a unique opportunity for those interested in residential development. The property comes with full planning permission for a thoughtfully designed detached dwelling, including an entrance hall, an open-plan lounge and kitchen area, utility room, family bathroom, three bedrooms—one of which includes an en-suite—and a garage. The site benefits from a pleasant outlook, providing a serene environment that is well-suited for both families and retirees seeking a peaceful living space. With services already adjoining the plot, the groundwork for development is simplified, making it an accessible prospect for investors or builders looking to capitalize on the growing demand for housing in this charming locale. Doddington itself offers a sense of community while being conveniently located near larger towns like Wooler, enhancing its appeal as both a residential area and an investment opportunity. The approved plans not only allow for a contemporary home but also provide flexibility to customize the final design to suit specific market demands. Interested parties are encouraged to explore the potential this plot holds for developing into a desirable residence that can meet current housing needs.

Investment Analysis

(NE71 area)
Area Average
£209/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£150,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (NE71)

Area prices are falling by +13.8% over the last 12 months
3 year growth: 1.5%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on NE71 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Doddington, Wooler
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£385
Based on a loan of £78,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE